Common use of Dissolution or Liquidation Clause in Contracts

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of Control, each Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 15 contracts

Samples: Stock Option Award Agreement (Vapotherm Inc), Employment Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.)

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Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of ControlCompany, each Award will terminate immediately prior to the consummation of such action, subject to unless otherwise determined by the ability of the Committee to exercise any discretion authorized in the case of a Change in ControlAdministrator.

Appears in 10 contracts

Samples: Stock Option Plan, Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD)

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of ControlCompany, each Award will shall terminate immediately prior to the consummation of such action, subject to unless otherwise determined by the ability of the Committee to exercise any discretion authorized in the case of a Change in ControlCommittee.

Appears in 4 contracts

Samples: Transition Agreement (Trinet Group, Inc.), Business Combination Agreement (GS Acquisition Holdings Corp II), Merger Agreement (Fusion Acquisition Corp.)

Dissolution or Liquidation. In Except as otherwise provided in an Award Agreement, in the event of the dissolution or liquidation of the Company other than as part of a Change of in Control, each Award will terminate immediately prior to the consummation of such actiondissolution or liquidation, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 2 contracts

Samples: Business Combination Agreement (McAp Acquisition Corp), Business Combination Agreement (Pioneer Merger Corp.)

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Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company Bank other than as part of a Change of in Control, each this Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Amalgamated Financial Corp.)

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